Indian Economy & Business Analysis
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Cooperative banks form the third pillar of India’s banking structure. These are further classified as urban cooperative banks (UCBs) and Rural co-operative banks (RCBs). Both urban and rural cooperatives play an…
NBFIs (non-banking financial institutions) form the second pillar of banking structure. They are further grouped into Non-Banking Finance Companies (NBFCs), All India Finance institutions (AIFIs) and Primary Dealers (PDs). NBFCs…
India’s banking sector is built around three pillars – Scheduled Commercial Banks (SCBs), non-banking financial institutions (NBFI) and Co-operative Banks (CBs). Each pillar is sub-divided into a large number of…
Every new year brings with it hopes of a happy new year. But are we really becoming happier? The World Happiness Report for 2023 shows divergent trends in happiness score…